In a report released today, Bobby Brooks from Northland Securities maintained a Buy rating on Solaris Energy Infrastructure, with a price target of $50.00. The company’s shares closed last Friday at $30.01.
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According to TipRanks, Brooks is a 5-star analyst with an average return of 25.3% and a 66.29% success rate. Brooks covers the Industrials sector, focusing on stocks such as Tetra Technologies, Crane NXT, and Ceco Environmental.
Solaris Energy Infrastructure has an analyst consensus of Strong Buy, with a price target consensus of $42.29, representing a 40.92% upside. In a report released on July 29, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $37.00 price target.
The company has a one-year high of $39.03 and a one-year low of $10.96. Currently, Solaris Energy Infrastructure has an average volume of 1.55M.
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SEI in relation to earlier this year. Last month, J Turbines, Inc., a Major Shareholder at SEI sold 4,000,000.00 shares for a total of $121,200,000.00.
Read More on SEI:
- Solaris Energy price target raised to $50 from $42 at Northland
- Convertible Senior Notes: A Barrier to Takeovers at Solaris Energy Infrastructure?
- Solaris Energy announces dual listing on NYSE Texas
- Solaris Energy 4M share Block Trade priced at $31.00
- Solaris Oilfield Infrastructure’s Earnings Call Highlights Growth and Challenges